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International Business Times
International Business Times
Business

Auto Shanghai Showcases New EV Era Despite Tariff Speedbumps

Volkswagen is showcasing new vehicles and a driver assistance system built 'in China for China' (Credit: AFP)

The world's largest auto industry expo opens its doors Wednesday in Shanghai, showcasing the new electric world order even as mounting trade barriers risk dampening China's global ambitions.

With nearly 1,000 exhibitors present, foreign carmakers are raring to show they can keep pace with the ultra-competitive Chinese firms that dominate the sector's electric frontier.

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